Explain the Reason for the Rise in the Development and Use

question 47

Essay

Explain the reason for the rise in the development and use of financial instruments in recent years.Describe some of the key accounting issues regulators have had to face in light of this increased use and development.

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Definitions:

Civil Rights Act

A landmark piece of legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin, notably implemented through Title VII for employment discrimination.

Equal Employment

A principle of non-discrimination in hiring, promoting, and compensating employees, regardless of race, religion, gender, age, or disability.

Discriminatory Practices

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics.

Immigration Reform

Refers to changes in public policy that aim to improve, modify or enact laws and regulations regarding immigrants and immigration.